Maragusan Dole Banana Growers Multi-Purpose Cooperative is a duly registered cooperative under the Cooperative Development Authority as per Registration No. 3019-DVO. Its main office is located at Rizal St. Poblacion Maragusan, Compostela Valley Province. It was founded by late Guillermo Agayan Sr., former GRGA (Growers Relation and Government Affairs) Officer of DOLE Stanfilco and was organized as a cooperative on February 14,1994. MAGROW has an initials members of 79 Banana Growers upon its registration on March 11,1994 to the cooperative Development Authority with Registration No.3019- DVO. Its first business was the bookkeeping of member/ growers' books of account . On the second quarter of year 1995, the coop has started its Lending Operation with an initial capital of P 60,000,00. On the July 25,1997 ,MAGROW was an awardee of the FIRST KABUHAYAN AWARD , being one the outstanding cooperative in the Philippines.
On November 17, 1997, MAGROW started servicing the grower's harvest proceeds' payment. In October 1998, the cooperative has again entered into an arrangement with the banana growers collective leaders to cater the payroll servicing of their farm workers.
On September 2001, MAGROW has entered into an FOB2 ex-patio contract with DOLE Stanfilco and catered the banana growers' farm operations and reports and provided farm production materials.
On Year 2003, MAGROW started the Labor Pool Operation which provided manning on the packing plant and other operations of the DOLE Stanfilco. The coop was registered to the Department of Labor and Employment as a Labor Service Provider with Registration No. XI-74911-1003-123.
On October 8, 2005, MAGROW has opened the MAGROW TRADE CENTER, the first consumer store in the town of Maragusan equipped with the POINT OF SALES (POS) System provided by MASS-SPECC.
On November 25, 2008, MAGROW was granted ONE MILLION PESOS (PHP 1,000,000.00) by the Department of Labor and Employment for its Livelihood Project which is the Banana Flour Processing Plant.
